Bullish bias in BTCUSD
BTCUSD
BTCUSD last printed 80878.94 on the hourly chart. The trend is the latest 48 closes, through the current bar. Over that period price moved -2.85 %.
History turned up 66 similar trends that did not overlap. 41 closed bullish 20 hours later and 25 closed bearish. 62 % closed higher, a bullish bias strong enough for a note.
The average advance on the bullish closes was 1.23 %. The average decline on the bearish closes was -1.77 %. Across the whole set, the average move 20 hours later was 0.09 %.
66 prior trends is a broad history. The bias describes where price already closed. It does not set the next bar.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| BTCUSD | 80878.94 | -2.85 % | 66 | 41 | 25 | 0.09 % |
This is not financial advice. It is an indicator based on statistics from historical data.